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Morning Headlines 12/7/12

December 6, 2012 Headlines 1 Comment

Athenahealth to buy Watertown complex for $169M

Athenahealth completes a deal with Harvard University to buy a 760,000 square foot Watertown, MA campus for $168.5 million.

Ninety-Four Percent of Hospitals Surveyed Suffered Data Breaches; Estimated Cost to Healthcare Industry Averages $7 Billion

Survey results from the Ponemon Institute reveal that 94 percent of hospitals experience data breaches in the last 12 months, with 45 percent reporting more than five breaches over the past two years.

T-Systems Wins Major IT Outsourcing Agreement in US Health Industry

T-Systems expands its presence in HIT as it closes a “pay-as-you-go” IT outsourcing for Presbyterian Healthcare Services.

Reuters – Thoma Bravo, Francisco, THL Final Suitors for Merge

Thoma Bravo LLC, Francisco Partners and Thomas H. Lee Partners have submitted revised takeover offers to Merge Healthcare.

SAIC Announces Financial Results for Third Quarter of Fiscal Year 2013

SAIC announces Q3 results: revenue up 3 percent, EPS $0.33, missing on expectations of $0.35. The company reported that it had signed over $100 million in consulting contracts through its Vitalize and MaxIT acquisitions.

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Currently there is "1 comment" on this Article:

  1. I liked the expose on data breaches. Putting it all together, the taxpayers are paying for the radical transformation of helath care that has no proven outcomes benefit, no proven costs benefits, increases the propensity to fraud via upcoding, and enables rampant violations of privacy.

    I ask again, what is wrong with this picture? Would someone please address this?







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